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ACQ2 by Acquired
Generative AI in Video and the Future of Storytelling (with Runway CEO Cristobal Valenzuela)
Aug 30, 2023
Join Cristobal Valenzuela, co-founder and CEO of RunwayML, as he shares insights from the forefront of generative AI in filmmaking. Discover how Runway's tools, used in major films like 'Everything Everywhere All at Once', are transforming video creation. Valenzuela discusses the evolution of AI in storytelling, the democratization of filmmaking, and new business models emerging in this space. He also touches on the challenges startups face in securing resources amidst tech giants and the exciting fusion of art and technology.
57:32
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Quick takeaways
- RunwayML's Gen 2 model enables filmmakers to transform text into high-resolution video, revolutionizing storytelling and artistic expression.
- By bridging the gap between AI and filmmaking, RunwayML empowers artists to overcome traditional constraints and unleash their creativity in groundbreaking ways.
Deep dives
The Evolution of Runway: From Idea to Gen 2 Model
RunwayML, a company in the AI space, has been working on synthetic media and models for several years. Their latest Gen 2 model allows users to transform input conditions like text into high-resolution video. The model works by predicting frames and understanding their relationship to previous frames. RunwayML aims to be a flexible and controllable tool for filmmakers and creatives, helping them generate custom video content. The field of AI is much broader than language models, and companies like RunwayML are exploring new possibilities for creativity and storytelling.
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